Accepting backups

Price cut: $10K (8/4)

$379,700

326 N 18th Avenue, Phoenix, AZ 85007

5beds

3baths

2,010sqft

$2,313/mo

Get pre-qualified

Multi Family

Built in 1926

-- sqft lot

$-- Zestimate^®

$189/sqft

$-- HOA

What's special

Income producing Duplex built in 1926 on a 8,700 square foot lot (0.2 acres) in the Oakland subdivision. One 2 bed 1 bath unit and one 1 bed 1 bath unit. Construction is masonry and reinforced concrete tilt up frame. Both units are currently leased and produce rental income. Zoning is R-5 (multiple family residential), and the lot sits directly beside 324 N 18th Ave, single family home, that is also rented, producing income and is also for sale, see MLS 7055892. Together, the two parcels total 0.4 acres of R-5 land, positioned for redevelopment into multiple rental units. 324 N 18th Ave and 326 N 18th Ave sit side by side, share R-5 zoning, and total 0.4 acres. Both properties generate income under current use, which lets a buyer hold and collect rent while pursuing entitlements. Buyer to confirm current development standards, parking requirements, and permitted density with the City of Phoenix Planning and Development Department. Buyer to perform all due diligence.

43 days
397
20

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Forced Air, Electric

Cooling

Central Air

Appliances

Included: Refrigerator, Free-Standing Electric Oven, Washer/Dryer

Features

Flooring: Tile, Laminate, Vinyl

Interior area

Total structure area: 2,010
Total interior livable area: 2,010 sqft

Property

Parking

Total spaces: 5
Parking features: Add'l Parking Avail, Carport
Has carport: Yes
Covered spaces: 1
Uncovered spaces: 4

Lot

Dimensions: 59.98 x 144.94 x 60.79 x 144.81

Details

Parcel number: 11124024
Zoning: R-5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco, Block
Roof: Built-Up,Foam

Condition

Year built: 1926

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: Oakland

Location

Region: Phoenix

Financial & listing details

Price per square foot: $189/sqft
Tax assessed value: $393,200
Annual tax amount: $928
Date on market: 7/18/2026
Cumulative days on market: 43 days
Listing terms: Conventional
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/4/2026	Price change	$379,700-2.6%$189/sqft
Source: ARMLS #7055964 Report a problem
7/18/2026	Listed for sale	$389,700+94.8%$194/sqft
Source: ARMLS #7055964 Report a problem
5/15/2018	Sold	$200,000$100/sqft
Source: ARMLS #5750758 Report a problem
4/12/2018	Listed for sale	$200,000+25%$100/sqft
Source: West USA Realty #5750758 Report a problem
5/6/2005	Sold	$160,000+326.7%$80/sqft
Source: ARMLS #2286237 Report a problem
6/24/1999	Sold	$37,500+1.4%$19/sqft
Source: Public Record Report a problem
11/14/1996	Sold	$37,000$18/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$928 +6.2%	$39,320 +3.8%
2024	$874 +1%	$37,880 +539.2%
2023	$865 +3.7%	$5,926 -69.6%
2022	$835 -0.4%	$19,500 +1%
2021	$838 +0.1%	$19,310 +24.9%
2020	$837 +1.8%	$15,460 +21.5%
2019	$822	$12,720 +11.5%
2018	$822 +2.4%	$11,410 +21%
2017	$803 +11.3%	$9,430 +22.5%
2016	$722 -1.2%	$7,700 +21.1%
2015	$730	$6,360 +18.9%
2014	--	$5,350 +61.6%
2013	--	$3,310 +5.1%
2012	--	$3,150 -32.4%
2011	--	$4,660 -49.3%
2010	--	$9,200 -40.2%
2009	--	$15,380 -6.8%
2008	--	$16,510 +26.5%
2007	--	$13,050 +43.4%
2006	--	$9,100
2005	--	$9,100 +82%
2004	--	$5,000
2003	--	$5,000 +6.4%
2002	--	$4,700